Factory of the Year Prize – A Benchmarking

Viola Gallina, Zsolt János Viharos, Gabor Nick, Maik Frye, Andreas Kluth, Adam Szaller, Robert H. Schmitt

Abstract

The first factory of the year prize was granted more than 60 years ago in the USA. Since then, a considerable number of countries joined this way and several best factory assessment methods and awards have been developed on national, regional, and international levels. These competitions give the possibility for benchmarking the companies. However, in the era of industry 4.0 maturity models have emerged for evaluating individual enterprises' readiness. These models support the companies in the individual strategy development. But the companies are always interested in their results and achievements compared to their competitors. But setting up a benchmark for a part of an industrial sector might be challenging. Therefore, combining the factory of the year evaluation concept with the maturity assessment might be advantageous. In the paper both of the approaches are analysed and it is discussed how they might be linked in a meaningful way.

Keywords

factory of the year; benchmarking; industry 4.0; maturity model

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IMEKO-TC10-2022-005.pdf

DOI

10.21014/tc10-2022.005

IMEKO TC

TC10 - Measurement for Diagnostics, Optimization and Control

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